Aeronautics: Insurance for Amateurs

If the individual sportsman flyer were to insure himself for $5,000, his ship for $3,000 (against fire, theft, etc.). and take average coverage for public liability, passenger liability and property damage, his yearly premiums would total upward of $460. Were he to add crash insurance the figure would soar to $910-considerably more than a whole year's depreciation of his plane. Also, he would be hampered by numerous flight restrictions. Not long ago rates were even higher. Prime reason was lack of data on amateurs' accidents, forcing the conclusion that all private flyers...

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